I don't know enough about the Fannie Mae MF lending process to know if the applicant provides balance sheet information on basis (which I think is GAAP, what an auditor would want) vs. current market value, which is what my commercial bank would generally use on a PFS.

I was able to manually work through my county auditor's website to generate a list of about 300 absentee owners with properties that met my criteria in a couple hours.

I am an auditor and travel a lot to Houston and Oklahoma throughout the week.

He was also county auditor for 29 years, but has been retired from that for a few years now.

Primary is taxed at 4% and non-primary at 6%, then you also have to multiply by the millage. http://www.lex-co.sc.gov/departments/DeptAH/auditor/Documents/HomeownersGuidetoPropertyTaxes.pdf

On the contractor/GC/sub end - GC didnt have funds to complete project GC bounced my number to his other subs for better pricing GC paid fast and always had answers for questions on job Subs didn't show up to job multiple times Subs workers comp didn't check out with insurance auditor Subs showed up diligently and did a beautiful job.

However, if the property is dropped out of the partnership into the partner's/investor's name and then immediately sold, an auditor could take the position that the individual never had the intent to hold the property but merely acquired title in order to defer their taxes and their 1031 Exchange could be disqualified. 

I'm not sure what they would appraise at, but the county auditor has them at about 44k and 21k respectively. 

I'm not sure what they would appraise at, but the county auditor has them at about 44k and 21k respectively.

There are instances, though, where even the square footage on the MLS is wrong compared to the county auditor website.It sounds like you're trying to buy a house from my competitor.